Restaurant & Real Estate Opportunity, Downtown St. Augustine
Full-service restaurant and real estate in downtown St. Augustine, FL
On NextCompany since August 30, 2026 (45 days)
FL area
Business overview
This full-service restaurant operates in downtown St. Augustine in St. Johns County, Florida. The 2,151-square-foot dining room seats 67 guests. The asking price is $1,600,000. Buyers receive $100,000 of furniture, fixtures, and equipment.
The property occupies a 0.303-acre parcel. The current tenant plans to vacate within a few months. The seller may finance qualified buyers with a $400,000 down payment. A lease-purchase option sets rent at $5,800 per month.
Who is a good fit for this business
- Owner-operators who want a downtown St. Augustine restaurant plus the real estate.
- Buyers who can make a $400,000 down payment and want seller financing.
- Buyers who prefer a lease-purchase option at $5,800 in monthly rent.
- Operators who can occupy after the current tenant vacates in a few months.
Details
- Reason for selling
- Other Interests
- Real estate
- Leased
- Monthly rent
- $5,800
Frequently Asked Questions
This listing is a full-service restaurant in downtown St. Augustine in St. Johns County, Florida. The dining room covers 2,151 square feet. The space seats 67 guests. Transworld Business Advisors of Florida represents the sale.
The sale includes the restaurant and the underlying real estate. Buyers receive furniture, fixtures, and equipment valued at $100,000. The property occupies a 0.303-acre parcel. The site provides 23 on-site parking spaces. CL-2 zoning supports a range of commercial uses.
Transworld Business Advisors of Florida lists the business at $1,600,000. The seller may finance qualified buyers. Those buyers need a minimum down payment of $400,000.
The seller will consider a lease purchase option. Buyers would pay $80,000 for furniture, fixtures, and equipment. Monthly rent is $5,800.
The owner cites other interests as the reason for selling. The current tenant plans to vacate within a few months. An incoming owner-operator can then occupy the restaurant.